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Dec 10, 2012
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the fact it's over 60 degrees here in new york and warmer than normal across the east coast. that's part of it. but those temperatures are expected to stay for awhile. at least a week or two. so that is something that is bearish for natural gas. ed add to that the potentially small increase in weekly storage levels when the report comes out from the energy department this week. that is a another bear signal. and barclays is saying look for around $3.20. back to yo pu. >> warm weather forecasts through end of next week. we like that very much. thank you very much. >>> where were we now? let's see. we're heading towards the close here with the dow up 24 points. again, this market feels very much like a wait and see kind of market. i think sarge has it right. they're waiting for the fed meeting this week. >> we've barely moved in either direction. after the break, we have the legendary investor for you. jack bogle. he's going to be here with his stunning warn. damaging to society as a whole. why? we're going to ask him. plus we'll get his take on a lot more than that. he's worth
the fact it's over 60 degrees here in new york and warmer than normal across the east coast. that's part of it. but those temperatures are expected to stay for awhile. at least a week or two. so that is something that is bearish for natural gas. ed add to that the potentially small increase in weekly storage levels when the report comes out from the energy department this week. that is a another bear signal. and barclays is saying look for around $3.20. back to yo pu. >> warm weather...
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Dec 18, 2012
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i'm maria bartiromo with the new york stock exchange. the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by senate majority leader harry reid on that so-called plan "b" proposal from john boehner, sort of took some of the wind out of the sails. nasdaq still up 1.25%, a 3348 and the s&p 500 index is up 12-plus points right now at 1443. >> while the dow on pace for the first back-to-back triple-digit gains in nearly five months. can we hold on for the final hour? >> let's talk about that in our closing bell exchange. carol roth, the author of "entrepreneurial equation" is with us. from chicago, keith springer from springer financial adviser and john carpina is on the floor w
i'm maria bartiromo with the new york stock exchange. the more wall street washington is rising above, the higher the market goes. >> rejection of how john boehner's plan "b" thatty had came out with today. the major averages are all trading around two-month highs today because it seems like progress is still being made on some kind of a deal. here's where we stand right now. the dow up 98 points, was up 125 at the high, and then the white house rejected and some comments by...
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Dec 14, 2012
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maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. president obama is set to make a statement on this tragedy from the white house around 3:15 eastern. our john harwood is in washington with some more details on what we know right now. john? >> reporter: well, bill, the horror of this tragedy is also muted talk of anything else in washington for the day, including the fiscal cliff and all the issues that we've been discussing for some time now, but one of the jobs of a president is to console victims and to console the nation at a time of grief of this magnitude, so we're going to hear from the president at 3:15. jay carney earlier
maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to...
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she's on the floor of the new york stock exchange looking at a whole bunch of names. >> reporter: that's right. we were talking about akamai earlier and the demand for
she's on the floor of the new york stock exchange looking at a whole bunch of names. >> reporter: that's right. we were talking about akamai earlier and the demand for
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Dec 5, 2012
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i'm maria bartiromo at the new york stock exchange. good rally under way on hopes of a compromise on the fiscal cliff stalemate in washington. eamon javers standing by in a moment with information on a bipartisan letter from lawmakers that's. putting tax hikes and entitlement cuts firmly on the table. >> i'm bill griffeth. let's show you, and the charts tell the day's story, as it usually does. can you get when the president began speaking at business round table and we learned that at least 40 house republicans are breaking ranks to talk about anything, all possibilities as they said in an open letter. right now the dow is up 110, near the highs of the day. 13,062.59. the nasdaq is going the other direction. blame apple and overall technology having a tough day. down 13 points right now on the nasdaq at 2982. the s&p is holding with a gain of about five points. we'll have more on the markets in a moment. first, let's get to what's going on in washington. more republicans breaking ranks to join what we hope will be a bipartisan call fo
i'm maria bartiromo at the new york stock exchange. good rally under way on hopes of a compromise on the fiscal cliff stalemate in washington. eamon javers standing by in a moment with information on a bipartisan letter from lawmakers that's. putting tax hikes and entitlement cuts firmly on the table. >> i'm bill griffeth. let's show you, and the charts tell the day's story, as it usually does. can you get when the president began speaking at business round table and we learned that at...
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Dec 19, 2012
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i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal than we've felt in recent days. see where we sit right now. the dow is down 56 points. nasdaq and s&p under some pressure as well right now as we -- there you go. nasdaq is down six and the s&p, maria, selling off as well. >> mr. jobs, more jabs being exchanged on capitol hill today. what was supposed to be a presidential press conference on gun control quickly transformed into a discussion about the fiscal cliff. with the majority of questions focusing on the issue. washington correspondent john harwood at the white house right now. john, perhaps no one has followed the twists and turns as much as you
i'm maria bartiromo at the new york stock exchange. scott, good to see you. here with scott wapner. the market near the lows on the day on fears that a deal to avoid the fiscal cliff may actually be a lot further away than we thought. >> more sparring today. deal, i don't know. if you listen to what they are saying today, scott wapner in for bill griffith. the president calling for compromise in a news conference today, but here on wall street there is a bit less optimism for the deal...
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Dec 13, 2012
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i'm maria bartiromo at the new york stock exchange. it's a case of what the fed and fiscal cliff follies for the stock market today, bill. >> sure is. welcome back. i'll bill griffith. stocks losing streams after house speaker john boehner and senate majority leader harry reid stoked the notion that a deal is not close. down as many as 94 points on the dow at the low of the session and now down at 82 at 13,163. the nasdaq down 26 points right now, a decline of almost a percent at 2987 and the s&p 5 hundred index, trying, doesn't look like it will, seven straight up days, not today though, down ten points at 1418. >> investors dealing with jewel issues. not only is the fiscal cliff situation looking dicier by the day as we head headlines out of announcement by the federal reserve's announcement tying rate hikes to the unemployment rate. >> our next guests are here with their best ideas going into the new year. today's "closing bell" exchange, gary webbush here with us and steve sax from pro shares advisors and steven gil garcetg and our
i'm maria bartiromo at the new york stock exchange. it's a case of what the fed and fiscal cliff follies for the stock market today, bill. >> sure is. welcome back. i'll bill griffith. stocks losing streams after house speaker john boehner and senate majority leader harry reid stoked the notion that a deal is not close. down as many as 94 points on the dow at the low of the session and now down at 82 at 13,163. the nasdaq down 26 points right now, a decline of almost a percent at 2987 and...
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Dec 20, 2012
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and the new york stock exchange. it's good for almost every party, except for the c me, so i think the cme really has to make a move here. >> mike, let me steer your attention to the market at large. what are you doing today? what do you make of what's happening given we only have a handful of days left before the end of the year, and we're watching washington as we always do? >> yeah. i think -- i think the market had melt a lot better. you know, the market held in pretty well, and the last couple of days i think the acid test, the market has been more subdued around all this political maneuvering. i don't know what you can do. i think you have to hold your breath and wait and hope they are not serious about letting us go over the cliff. you know, bernanke has worked so hard, and you're finally seeing some recovery in the housing market. the best numbers on an annualized basis since november of '09, right, and basically, you know, this gets kind of tossed, and, you know, you have kind of this infliction point with s
and the new york stock exchange. it's good for almost every party, except for the c me, so i think the cme really has to make a move here. >> mike, let me steer your attention to the market at large. what are you doing today? what do you make of what's happening given we only have a handful of days left before the end of the year, and we're watching washington as we always do? >> yeah. i think -- i think the market had melt a lot better. you know, the market held in pretty well, and...
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Dec 26, 2012
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we saw them in new york and guess what? we saw them in london and behind the velvet ropes inside sued the stores there were very few people lined up buying items so i would watch out for abercrombie and certainly with the bigger box space, you know, you'll see mixed signals. everybody is under pressure. target might do a little bit better because they have had an interesting collaboration project with neiman so i think there's weakness across the board but targetsed macy's will outperform the group. >> you like limited brand? >> one of the most consistent retailers out there. i personally own the stock and they have a history of special dividends. a player with always newness in the store and started their international flagship in london. it's doing phenomenally well so an international piece of the puzzle is just starting. >> laura, online, i heard some big numbers percentage-wise gains year over year on how online buying was going. is that good or bad for the retailers overall right now? >> the vast majority of the retai
we saw them in new york and guess what? we saw them in london and behind the velvet ropes inside sued the stores there were very few people lined up buying items so i would watch out for abercrombie and certainly with the bigger box space, you know, you'll see mixed signals. everybody is under pressure. target might do a little bit better because they have had an interesting collaboration project with neiman so i think there's weakness across the board but targetsed macy's will outperform the...
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Dec 11, 2012
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i'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff deal. coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because
i'm bill griffith here at the new york stock exchange. hey, maria. >> hey there, bill. big rally where you are. i'm bartiromo coming today from the white house for our special coverage. stocks rallying on the on the missile that perhaps we are nearing a fiscal cliff deal. coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore...
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Dec 17, 2012
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the board meeting is in new york. liz: the opposite of the giants. charlie: whatever. i got what you mean. but the board on these two bids finally the saga is it looks like it is coming to an end. what is interesting here is that the board has been meeting since 8:00 a.m. why is it taking this long? you would think, former new york mercantile exchange chairman who allegedly put up a cash bid. if you put up a cash bid for $3, this thing is done. i wonder there is something about financing. 1.50 ye$1.50 billion. they literally have financing from our place. they wonder why they did it not being hit very hard. on the other hand, they virtually do the same thing. high frequency trading. they want to get the market making unit. it is a hard business. making the market, putting the buy and sell together. the handle retail order flow. why aren't they hitting this thing? the bottom line is the employees, we have been reporting this last couple of days but employees are shot themselves to other firms because they ar they're likely t fired, likely to take non-core businesses and
the board meeting is in new york. liz: the opposite of the giants. charlie: whatever. i got what you mean. but the board on these two bids finally the saga is it looks like it is coming to an end. what is interesting here is that the board has been meeting since 8:00 a.m. why is it taking this long? you would think, former new york mercantile exchange chairman who allegedly put up a cash bid. if you put up a cash bid for $3, this thing is done. i wonder there is something about financing. 1.50...
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Dec 19, 2012
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atop a trustee of new york's largest pension, about to break news on fox business. he will demand the fund get rid of all the exposure to the gun industry. liz: take a look at solar stocks shining brightly today. more news out of china, its cabinet saying you will reform the industry and they and governments from supporting failing domestic companies. that has occurred in the past u.s. solar companies because it is an unfavorable landscape but you see these names of looking good. guggenheim solar e t f 5% today and up 35% over the past month alone. these things are very volatile, got to be careful. less than a week after the connecticut shooting that killed 26 including 20 very young children, done stocks which the a huge dive over the past three days are making a come back from their initial pull back of starting on friday now all for a trustee of new york city's largest public pension is calling for the fund to get out of guns. joining me in a first on fox business interviews new york city public advocate bill believe you. ; ram your hand. told a. >> i send this t
atop a trustee of new york's largest pension, about to break news on fox business. he will demand the fund get rid of all the exposure to the gun industry. liz: take a look at solar stocks shining brightly today. more news out of china, its cabinet saying you will reform the industry and they and governments from supporting failing domestic companies. that has occurred in the past u.s. solar companies because it is an unfavorable landscape but you see these names of looking good. guggenheim...
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Dec 11, 2012
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nicole at the new york stock exchange, talk about apple. it was doing well, then slipped a little, single digit dollar amount, back up in the double digit territory in dollar amount. seems to be regaining ground. >> talking about apple, you know it's a volatile, heavily traded stock. today it moved on news china was preordering 3,000 units for the iphone 5. you're seeing growth there in asia. also, the fact that j pmorgan raising projections from 8 -- to 8 million from 7 million units. liz: that's a little boost compared to rim, research in motion, trading at the highest level since may, a significant jump as we s
nicole at the new york stock exchange, talk about apple. it was doing well, then slipped a little, single digit dollar amount, back up in the double digit territory in dollar amount. seems to be regaining ground. >> talking about apple, you know it's a volatile, heavily traded stock. today it moved on news china was preordering 3,000 units for the iphone 5. you're seeing growth there in asia. also, the fact that j pmorgan raising projections from 8 -- to 8 million from 7 million units....
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nicole petallides standing by at the new york stock exchange. nicole: i am looking at avon products. you may remember coty which made a bid and then made a sweetened offer and avon rejected it. now it is up 5%. it is a top performer on the s&p 500. alpha is now reporting that coty may step in again. this was back in may when they raised their bid to 24.75. it sounds pretty good when you are trading at $14. we will see what actually transpires. right now, we may be seeing coty stepping in once again. cheryl: nicole petallides, thank you very much. should the u.s. start exporting natural gas? with the benefits the overall worth it? liz claman talk to a man at the forefront of this. andrew liveris. liz: let's go all in. the report makes a bold prediction. it will boost the u.s. economy $547 billion in just seven years and create jobs, which, of course, we desperately need. >> one report does not make a plan. it is fundamentally flawed. $90 billion at $3 million actually 20 times value that would be under threat if they went ahead and took the recom
nicole petallides standing by at the new york stock exchange. nicole: i am looking at avon products. you may remember coty which made a bid and then made a sweetened offer and avon rejected it. now it is up 5%. it is a top performer on the s&p 500. alpha is now reporting that coty may step in again. this was back in may when they raised their bid to 24.75. it sounds pretty good when you are trading at $14. we will see what actually transpires. right now, we may be seeing coty stepping in...
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Dec 20, 2012
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york, the new york mercantile exchange, let's do electronically and he created this thing, the intercontinental exchange and what is great about this is it is something to be said for the stock exchange remaining independent but they are now part of an american company and an american entrepreneur created $10 billion of wealth, that is what the market cap was before the deal and when you buy something your stock usually goes down a little bit, created $10 billion worth of wealth of market cap in ten years, something to be proud of and buying the stock exchange. not selling for the germans. [talking over each other] >> regulators time it. charlie: regulators in europe, eyes and nasdaq attempt over the stock exchange on antitrust grounds, your company is in one place. i don't think they're going to do that. [talking over each other] tracy: attempting that. charlie: this is a perfect fit, not much overlap. they will sell some stuff, but i think this is a perfect fit. duncan neiderauer had no choice. we should have a chart on trading volumes and this tells the story. since 2008 it has gone downhill
york, the new york mercantile exchange, let's do electronically and he created this thing, the intercontinental exchange and what is great about this is it is something to be said for the stock exchange remaining independent but they are now part of an american company and an american entrepreneur created $10 billion of wealth, that is what the market cap was before the deal and when you buy something your stock usually goes down a little bit, created $10 billion worth of wealth of market cap...
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Dec 18, 2012
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yes, new york gets hurt on the high earner and. we are willing to be part of that because the country will benefit. liz: that is the lesser of two evils. >> absolutely. liz: what are you hearing? you have the year of the top business people of the world. we were just talking about the possible treasury secretary. you know him well. >> he just stepped down as our chairman, co-chairman of on friday. so he -- liz: do you think he would make a good treasury secretary? >> she's terrific. but if they are the candidates, they are both new yorkers, and they're both very smart about our economy and this is is that have to be made..3 liz: you would have access. >> it would not be a bad choice either way. liz: you mentioned social security. no one is talking abut cutting social security. medicare, medicaid, entitlements, defense. should that be enveloped, wrapped in tell of this? >> what they have put forward is an effort to tie the social security increases more practically to increases in the cost of living which is a step in the right dire
yes, new york gets hurt on the high earner and. we are willing to be part of that because the country will benefit. liz: that is the lesser of two evils. >> absolutely. liz: what are you hearing? you have the year of the top business people of the world. we were just talking about the possible treasury secretary. you know him well. >> he just stepped down as our chairman, co-chairman of on friday. so he -- liz: do you think he would make a good treasury secretary? >> she's...
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Dec 14, 2012
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equity play is bank of new york mellon. >> bank of new york, very interesting company, not really a bank in the sense that they do very little risk taking. roughly 80% of its income is from related businesses. liz: stock is down 40% over the past year, not even that much, up 31% and does give a dividend. >> the head winds the bank of new york are facing are low interest rates. but they are cutting costs and the customer base, even act trough earnings their earnings are in the 20s. liz: good to see you. kimball broker of fur seals is the overseas and u.s. fund manager. we will see you next time. dow the industrials down 49 points. we are heading to the closing bell, six minutes left exactly. stay tuned. we will take you back. there is no mass-produced human. every human being is unique. and there is one store that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable pillows that adjust to your size and shape. t
equity play is bank of new york mellon. >> bank of new york, very interesting company, not really a bank in the sense that they do very little risk taking. roughly 80% of its income is from related businesses. liz: stock is down 40% over the past year, not even that much, up 31% and does give a dividend. >> the head winds the bank of new york are facing are low interest rates. but they are cutting costs and the customer base, even act trough earnings their earnings are in the 20s....
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Dec 20, 2012
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i'm maria bartiromo on the floor of the new york stock exchange. stocks higher today on wall street as the close settles out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing in the plus column with a gain of six points, and the s&p 500 up about eight points, one-half of 1% at 1433. closing in on the fiscal cliff deadline still with no deal in sight, let's find out how you should be investing in the face of the fiscal cliff fiasco. we want to dig deeper into the nyc/i.c.e. deal as well announced today, that it means for you and the global exchanges. gentlemen, welcome. thanks soechg for joining us. >> thanks. >> thanks for having me. >> let me kick this off with you in terms of the fiscal cliff. give me your strategy, deal or no
i'm maria bartiromo on the floor of the new york stock exchange. stocks higher today on wall street as the close settles out. we see some money coming into this market. investors still hoping for a deal in washington to avoid the fiscal cliff. take a look at how we're settling on wall street. as we saw money moving into equities in the last 20 minutes pushing the dow jones industrial average up to 60 points higher at the close at 13,312 on the dow jones industrial average. nasdaq also finishing...
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Dec 10, 2012
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traders at the new york stock exchange, cme and imax. what do you think happens on wednesday? >> i think most traders and the entire street is interested in seeing how they will handle operation twist. that really seems to be the case. i am of the mindset they will have a very difficult time explaining any extension. granted, it is not where they wanted to be but it is an indication that the economy is improving. liz: qe4 is coming. is that going to be another announcement? >> c evans came out a few weeks ago suggesting that they continue to use the 85 billion number. i do not know if they can justify that quite frankly when you have the economic data that we continue to see. you mentioned china coming in, the increase in electric production which is a great sign meaning that the economy is picking up. there was a big fear that mcdonald's and the american consumer would step away. i have a hard time believing that the said will be able to go on their way and actually put something in place that will say we need to continue this. liz: mcdonald's is proving the naysayers wrong.
traders at the new york stock exchange, cme and imax. what do you think happens on wednesday? >> i think most traders and the entire street is interested in seeing how they will handle operation twist. that really seems to be the case. i am of the mindset they will have a very difficult time explaining any extension. granted, it is not where they wanted to be but it is an indication that the economy is improving. liz: qe4 is coming. is that going to be another announcement? >> c...
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Dec 6, 2012
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i'm maria bartiromo on the floor of the new york stock exchange. stock prices on wall street modestly higher today i did spite no sign of a deal on the fiscal cliff. take a look how we're settling out this thursday afternoon on wall street. the industrial average at 13,074. the s&p up just a fraction. will the markets get a boost from another cash infusion? ben pace says he's expecting the federal reserve to announce another round of stimulus at the meeting next week. is that what the markets really want right now? ben pace joins me along with chris heize and rick santelli. ben, let's talk fed policy. you think the fed announces qe-4 next week? >> i think it's the fact the twist operation is ending at the ends of the year, and they don't feel compelled to incrementally tighten that. that means it has to be replaced. that's the qe-4, the fact they'll continue to buy to continue to be just as easy as they've been since the september 16th qe- 3 announcement. >> so you think it's a continuation. what's the impact on the market, do you think? is it pric
i'm maria bartiromo on the floor of the new york stock exchange. stock prices on wall street modestly higher today i did spite no sign of a deal on the fiscal cliff. take a look how we're settling out this thursday afternoon on wall street. the industrial average at 13,074. the s&p up just a fraction. will the markets get a boost from another cash infusion? ben pace says he's expecting the federal reserve to announce another round of stimulus at the meeting next week. is that what the...
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she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow right now. dell, however, had a nice pop today based on what goldman sachs was saying about it. >> exactly. goldman upgrading the stock all the way to a buy from a sell. it was one of the best performers not only on the s&p 500, but also on the nasdaq 100. so dell certainly a winner today. >> and, lauren, we saw you wearing your uggs on the trading floor, deckers outdoor the maker of those boots, it's getting a nice pop. >> up more than 9%. the folks over at stern ag upping the stock to a buy but also saying the season of the ugg is going to be august of
she's at the new york stock exchange. lauren, let's start right off, what's happening? the market is down 56 points on the dow right now. dell, however, had a nice pop today based on what goldman sachs was saying about it. >> exactly. goldman upgrading the stock all the way to a buy from a sell. it was one of the best performers not only on the s&p 500, but also on the nasdaq 100. so dell certainly a winner today. >> and, lauren, we saw you wearing your uggs on the trading...
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Dec 17, 2012
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york. you're talking about 53% plus another 3.8% with the obama care medicare surtax. >> so 53 -- 57% of the wealthiest out there -- 57% of their income is going to the government. then ron, you also agree even with that the habits are unlikely to change. >> well, that all depends. someone making a million dollars, $100,000 from dividend, 85 from capital gains. under the 250 rule, they're seeing their taxes go up $70,000 or so. under the million dollar proposal by boehner, that's a $30,000 increase. $30,000 is not that much. but it is after tax money. 70,000 is another number. i think it will affect them somewhat. i'm more worried about their future of what they'll not be saving. even the wealthy have to worry about the future. >> so how does it impact spending and give us the ripple effects of these higher tax rates and how that ripples down. >> you're talking about $6,000 a month out of their pocket. that's $6,000 is often today going to their kids, going to gifting, and going into the ma
york. you're talking about 53% plus another 3.8% with the obama care medicare surtax. >> so 53 -- 57% of the wealthiest out there -- 57% of their income is going to the government. then ron, you also agree even with that the habits are unlikely to change. >> well, that all depends. someone making a million dollars, $100,000 from dividend, 85 from capital gains. under the 250 rule, they're seeing their taxes go up $70,000 or so. under the million dollar proposal by boehner, that's a...
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Dec 12, 2012
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york stock exchange. what did you make, stephanie, of today's market action? you're the trader and follow the short-term swings. what was the message of the market do you think today? >> the message is the market is nothing is really going to change. interest rates will be low for an extended period of time. the fact that they tied the rates to unemployment, a little bit of a twist to the story, but it means that rates stay low. i think that the housing theme continues. i think that financials continue to work because even though you have a flat yield curve they are a beneficiary of the housing cycle, and away from all of this you focus on what happens internationally and china continues to recover. europe looks like it's stabilizing and we didn't change our strategy based on the news, just a little bit more of what you're doing. >> randy, anything change for you? >> no, not really. what we're watching is the parallels that occur now, where we stood with the fiscal cliff and where we stood in 1999 with th
york stock exchange. what did you make, stephanie, of today's market action? you're the trader and follow the short-term swings. what was the message of the market do you think today? >> the message is the market is nothing is really going to change. interest rates will be low for an extended period of time. the fact that they tied the rates to unemployment, a little bit of a twist to the story, but it means that rates stay low. i think that the housing theme continues. i think that...